REGISTERED NUMBER: 12913837 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

South Notts Surfacing Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D J Swallow

R S Parks

REGISTERED OFFICE:

Unit 3 Halifax Court Cross Lane

Fernwood

Newark

Nottinghamshire

NG24 3JP

REGISTERED NUMBER:

12913837 (England and Wales)

ACCOUNTANTS:

Franklins

18 St Christopher's Way

Pride Park

Derby

Derbyshire

DE24 8JY

FIXED ASSETS

Tangible assets

4

86,445

121,103

CURRENT ASSETS

Stocks

31,522

-

Debtors

5

287,170

579,907

Cash at bank

-

56,397

318,692

636,304

CREDITORS

Amounts falling due within one year

6

361,482

573,780

NET CURRENT (LIABILITIES)/ASSETS

(42,790

)

62,524

TOTAL ASSETS LESS CURRENT LIABILITIES

43,655

183,627

CREDITORS

Amounts falling due after more than one year

7

(5,423

)

(19,397

)

PROVISIONS FOR LIABILITIES

(21,611

)

(30,276

)

NET ASSETS

16,621

133,954

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

16,521

133,854

SHAREHOLDERS' FUNDS

16,621

133,954

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 July 2026 and were signed on its behalf by:

D J Swallow - Director

1.	STATUTORY INFORMATION

South Notts Surfacing Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on cost

Computer equipment

-

33% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2025 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2025

78,899

91,460

-

170,359

Additions

1,500

-

279

1,779

At 31 March 2026

80,399

91,460

279

172,138

DEPRECIATION

At 1 April 2025

26,391

22,865

-

49,256

Charge for year

13,502

22,865

70

36,437

At 31 March 2026

39,893

45,730

70

85,693

NET BOOK VALUE

At 31 March 2026

40,506

45,730

209

86,445

At 31 March 2025

52,508

68,595

-

121,103

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 April 2025

and 31 March 2026

47,250

34,000

81,250

DEPRECIATION

At 1 April 2025

11,813

8,500

20,313

Charge for year

8,859

8,500

17,359

At 31 March 2026

20,672

17,000

37,672

NET BOOK VALUE

At 31 March 2026

26,578

17,000

43,578

At 31 March 2025

35,437

25,500

60,937

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

201,821

460,723

Other debtors

17,763

24,159

Corporation tax

2,975

-

VAT

55,535

92,298

Prepayments and accrued income

9,076

2,727

287,170

579,907

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

4,675

-

Hire purchase contracts

13,975

27,944

Trade creditors

288,739

375,596

After date invoices

5,088

4,438

Tax

-

83,837

Social security and other taxes

11,011

7,866

Other creditors

34,494

71,764

Directors' current accounts

-

40

Accruals and deferred income

3,500

2,295

361,482

573,780

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Hire purchase contracts

5,423

19,397

8.	RELATED PARTY DISCLOSURES

During the year the company traded with D J Swallow Construction Limited, a company in which Mr. D J Swallow is also a director. The balance owed to D J Swallow Construction Limited as at 31st March 2026 was £12,177 (2025: £22,065 DR).

During the year the company traded with D J Swallow Holdings Limited, a company in which Mr. D J Swallow is also a director. The balance due from D J Swallow Holdings Limited as at 31st March 2026 was £15,043 (2025: £49,995 CR).

During the year the company also traded with D J Swallow Brickwork Limited, a company in which Mr. D J Swallow & Mr. R Parks are also directors. The balance owed to D J Swallow Brickwork Limited as at 31st March 2026 was £16,991 (2025: £16,991)